Business activities

MINING

Kalinga Commercial Corporation Limited has majorly entered into the business of iron ore mining with the OMC LTD. in the year 2004-05 with a production of 4.2 Lakh MT of iron ore. During the last financial year 2008-09 KCC has achieved a production of 54 Lakhs MT. Of iron ore & in the current financial year has planned to achieve 70 Lakhs MT of processed iron ore. KCC is also negotiating with THE ORISSA MINING CORPORATION LIMITED to enter into other minerals handling & excavation assignments.

In the raising & excavation verticals, the  project under which KCC has its mining & excavation operation is Kurmitar iron ore mines, Khandadhar at Sundergarh district belonging to OMCL (Orissa Mining Corporation Limited) a wholly owned by the Government of Orissa. Against a production target of 4.2 Lakhs M.T., KCC achieved a production of 9.4 Lakhs M.T followed by production of 10.2 Lakhs M.T in the next year to meet the high demand of iron-ore in the market. This phenomenal success could be achieved at a site where the previous firms made a huge loss and lost their Earnest Money. KCC’s achievement was appreciated by OMCL through a public felicitation at Rabindra Mandap, in Bhubaneswar for its consistent and outstanding performance in the year 2007-08.

Highly satisfied with company’s performance at Khandadhar, OMC was too pleased to award another mega contract at their Hill-top mines in (Gadhamardan, Keonjhar District) with an initial annual target of 5 lakhs M.T. As against this KCC has already achieved a production of 7.2 Lakhs M.T. This figure was achieved in spite of all odds and difficulties faced from forest, environment, communication, day time road restriction.

Then gradually with the passage of time KCC received continuous contract for mines of OMCL at different location like Daitari iron ore mines in Jajpur district, etc.

EXPORT

KCC started exporting iron ore fines in the year 2008 with first consignment to China. Kalinga Commercial Corporation Limited has entered into the export segment in the year 2008-09. The company does its exports from two ports e.g. Vizag & Paradip. From Vizag port KCC is doing direct export & from Paradip port it’s operating with the help of third party. The company has earned a considerable & noticeable turnover since from the beginning & expected to achieve a turnover of 106 Crore in the year ending 2009-10 and more than 300 Crore in the financial year 2010-2011.

LOGISTICS

KCC transport potential is well recognized by Food Corporation of India & Govt. of Orissa, under W & CD Dept. and Orissa mining corporation limited, Orissa. KCC deals with OMC Limited for transportation of iron ore & the work includes loading the ores to the tippers/dumpers & transportation of these material to their specified yards as desired by the party. Apart from OMC Limited & FCI, Kalinga Commercial Corporation Limited also deals with district social welfare officer for transportation of food grains to different location like kandhamal, keonjhar, phulbani, district under mid day meal programme, special nutrition programme run jointly by the state & centre government from time to time.

INFRASTUCTURE

KCC has been engaged in the civil work in the mining area since last 2 years. Since the company has the latest equipment, manpower, technology & overall required resources & knowledge to operate in the mining area, the management has decided to enter into the infrastructural segment as subsequent diversification. In the last two years the company has done considerable work in different location of Sundergarh District. The work includes construction of statutory building, guest house, Children Park, renovation of existing guest house, renovation of canteen building, & water supply system to OMC colony at Khandadhar in Sundergarh District.